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Author Question: According to the expenditures approach, gross domestic product represents the sum of consumption ... (Read 44 times)

ereecah

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According to the expenditures approach, gross domestic product represents the sum of consumption spending, government spending, net exports, and net investment.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The value added approach involves adding up the value of the final product and the value of intermediate goods used in the production process.
 a. True
  b. False
  Indicate whether the statement is true or false



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enass

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Answer to Question 1

True

Answer to Question 2

False




ereecah

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Reply 2 on: Jun 30, 2018
Wow, this really help


parshano

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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